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National: Housing market recovery brings boosts for housebuilder Bovis

PUBLISHED: 09:18 25 February 2014 | UPDATED: 09:23 25 February 2014

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More evidence of housing market recovery

Housebuilder Bovis said pre-tax profits rose 48% to £78.8 million last year after it achieved a 19% rise in legal completions to 2,813 homes.

Its average sales price rose 14% to £195,100 as a result of it selling more larger homes and a greater proportion of higher value southern sites.

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